Investors might want to bet on Centerra Gold Inc. (CGAU) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a ...

Core Viewpoint - Centerra Gold Inc. has suspended operations at its Langeloth Metallurgical Facility due to an explosion caused by an uncontrolled chemical reaction, with no fatalities reported but several injuries [1] Group 1: Incident Details - The explosion occurred on January 29, 2026, at approximately 6:15 p.m. Eastern Time [1] - Two contractors were hospitalized with injuries, and two employees were taken to the hospital for precautionary reasons [1] - There is currently no indication of a significant environmental release, and relevant regulatory agencies have been notified [1] Group 2: Company Overview - Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring, and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide [2] - The company operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye [2] - Centerra also owns the Kemess Project in British Columbia, the Goldfield Project in Nevada, and operates a Molybdenum Business Unit in the United States and Canada [2]

Core Viewpoint - Centerra Gold Inc. is well-positioned to continue its earnings-beat streak, having shown a strong history of exceeding earnings estimates, particularly in the last two quarters with an average surprise of 48.53% [1] Earnings Performance - In the most recent quarter, Centerra Gold reported earnings of $0.33 per share, surpassing the expected $0.22 per share, resulting in a surprise of 50.00% [2] - For the previous quarter, the company reported $0.25 per share against an expectation of $0.17 per share, achieving a surprise of 47.06% [2] Earnings Estimates and Predictions - Recent estimates for Centerra Gold have been increasing, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of another earnings beat [5] - The current Earnings ESP for Centerra Gold is +5.32%, reflecting growing analyst optimism regarding its near-term earnings potential [8] Zacks Rank and Success Rate - Centerra Gold holds a Zacks Rank of 1 (Strong Buy), which, when combined with a positive Earnings ESP, suggests a high probability of exceeding earnings expectations [8] - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% success rate in beating consensus estimates [6]

Core Insights - Centerra Gold Inc. (CGAU) and IAMGOLD Corporation (IAG) are attracting investor interest due to strong gold prices and improving operational metrics in the precious metals sector [1][2] Group 1: Centerra Gold Inc. (CGAU) - Centerra Gold reported a strong third quarter with consistent production, generating significant cash flow from its core assets, producing 49,234 ounces at the Öksüt Mine and 32,539 ounces of gold along with 13.4 million pounds of copper at the Mount Milligan Mine [3][6] - The Mount Milligan Mine's long-term permitting and technical work has been advanced, extending operational visibility to 2045 and allowing for a 10% processed throughput expansion by 2028 [4][5] - As of the end of Q3, CGAU had approximately $561.8 million in cash, a long-term debt-to-capitalization ratio of 2.3%, and a free cash flow of about $99 million, providing substantial liquidity for operations and growth projects [6][9] Group 2: IAMGOLD Corporation (IAG) - IAMGOLD achieved a total attributable gold production of approximately 190,000 ounces in Q3 2025, with the Côté Gold Mine producing a record 106,000 ounces [7][10] - The Essakane Mine produced 92,000 ounces despite operational challenges, while the Westwood Complex contributed around 23,000 ounces [8][12] - IAG's cash and cash equivalents were about $314 million at the end of Q3, with a long-term debt-to-capitalization ratio of 21.3% and a record mine-site free cash flow of $292 million [12] Group 3: Comparative Analysis - CGAU's stock has increased by 198.7% over the past year, while IAG's stock has risen by 248.5% [15] - CGAU is trading at a forward 12-month sales multiple of 2.91X, compared to IAG's 4.47X [16] - The Zacks Consensus Estimate suggests a 47.8% year-over-year rise in CGAU's fiscal 2026 EPS, while IAG's EPS is expected to rise by 98.1% [19][20] Group 4: Investment Outlook - CGAU is positioned as a more reliable investment due to its stronger balance sheet, lower leverage, and higher liquidity, while IAG presents upside potential through the ramp-up of the Côté Gold project, albeit with execution risks [21][22] - CGAU holds a Zacks Rank of 1 (Strong Buy), while IAG has a Zacks Rank of 3 (Hold) [22]

Core Viewpoint - Centerra Gold Inc. has received an amended environmental assessment and permits for the Mount Milligan Mine, allowing operations to continue through 2035 with a 10% expansion in plant throughput starting in 2028 [1][2] Group 1: Operational Developments - The Mount Milligan Mine has been selected for expedited permitting by the Province of British Columbia to support economic development [1] - Engineering studies are ongoing to support future permit authorizations for extending the mine life to 2045, as outlined in a Pre-Feasibility Study [2] Group 2: Economic Impact - The extended life of the Mount Milligan Mine is expected to provide consistent employment for over 1,000 workers and enhance business opportunities for First Nations and surrounding communities [3] - The Premier of British Columbia highlighted that the mine expansion will secure hundreds of family-supporting jobs and generate significant economic benefits for the region [3] Group 3: Company Overview - Centerra Gold Inc. is focused on operating, developing, exploring, and acquiring gold and copper properties in North America, Türkiye, and other global markets [4] - The company operates two mines: Mount Milligan in British Columbia and the Öksüt Mine in Türkiye, along with other projects in Canada and the United States [4]

Expanded mineral resource and strong exploration upside support long-term production potential Streamlined project execution driven by integrated open pit and underground mining strategy Existing infrastructure and staged capital investment result in lowered execution risk This news release contains forward-looking information about expected future events that is subject to risks and assumptions set out in the “Cautionary Statement on Forward-Looking Information” below. All figures are in United States doll ...

In May of last year, I added Centerra Gold ( CGAU ) to my value portfolio and rated it a "Strong Buy". Since then we've had a huge gold bull market, and the stock has seen its multiplesI'm a private trader interested in both long and short ideas. My training and background are in engineering including several decades of consulting engineering practice. I endeavor to apply my analytical skills to investing/trading, which I've done for 20+ years and to which I bring a contrarian style. I've also recently beco ...

Core Insights - Centerra Gold, Inc. (CGAU) shares reached a 52-week high of $16.44, closing at $15.96, reflecting a 173.3% increase over the past year, outperforming the Zacks Mining-Gold industry's 157% rise, driven by higher gold prices and improved margins [1][6] Financial Performance - CGAU reported Q3 revenues of $395.2 million, a 22% year-over-year increase, supported by gold prices of $3,178 per ounce and copper prices of $3.73 per pound [4] - The company produced 81,773 ounces of gold and 13.4 million pounds of copper, with stable operations and improved ore grades contributing to performance [4] Strategic Initiatives - Centerra filed a Pre-Feasibility Study (PFS) for Mount Milligan, extending the mine's life to 2045 and increasing mineral reserves, with planned throughput enhancements through plant upgrades [5] - The Goldfield project in Nevada is progressing with a technical study indicating strong economics for future production [5] - The company is restarting the Thompson Creek mine and Langeloth facility, targeting first production in the second half of 2027 [6][7] - A strategic equity investment in Midland Exploration was made to support early-stage resource development and long-term growth potential [7] Market Position - CGAU holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence [8] - Other top-ranked stocks in the Basic Materials sector include Royal Gold Inc. (RGLD), DPM Metals Inc. (DPMLF), and Harmony Gold Mining Company Limited (HMY) [8]

Group 1: Centerra Gold Inc. (CGAU) - Centerra Gold Inc. is a metals mining company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7.6% over the last 60 days [1] - The company offers a dividend yield of 1.2%, which is higher than the industry average of 0.0% [1] Group 2: Patria Investments Limited (PAX) - Patria Investments Limited is a private equity company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 1.6% over the last 60 days [2] - The company has a dividend yield of 3.5%, compared to the industry average of 2.6% [2]

Group 1: Centerra Gold Inc. (CGAU) - Centerra Gold Inc. is a metals mining company with a Zacks Rank of 1 [1] - The Zacks Consensus Estimate for Centerra's current year earnings has increased by 7.6% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 12.65, significantly lower than the S&P's P/E of 25.66 [1] - Centerra Gold possesses a Value Score of B [1] Group 2: Patria Investments Limited (PAX) - Patria Investments Limited is a private equity company with a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for Patria's next year earnings has increased by 1.6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 11.35, which is lower than the industry average of 24.60 [2] - Patria Investments possesses a Value Score of A [2]